Cooperation agreement with CNPE in China

On 22 March Scandpower entered into a cooperation agreement with China Nuclear Power Engineering Company (CNPE) – a major player in the Chinese nuclear industry and part of China National Nuclear Corporation (CNNC).
 

Signing of the cooperation agreement. In the first row, from left: Mr. Jerzy Grynblat and Mr. Ji Xing.  In the second row, from left:
Ms. Xiufeng Tian, Mr. Jinlong Sun, Mr. Xuhong He, Mr. Haibo Chen, Mr. Bo Zhao, Mr. Xiaohua Fu, Mr. Yidan Yuan, Ms. Feng Sun, and Mr. Ying Xu. 

According to current nuclear development plans in China, CNPE will be responsible for equipment purchasing, and design and construction of some 40 reactor units in the next 20 years. The cooperation agreement primarily focuses on software development, particularly the new web-based version of RiskSpectrum® RiskWatcher risk monitoring software, and related consulting services, e.g. Level 1 & 2 PSA, PSA data, aging PSA, Human Reliability Analysis (HRA) and risk-informed PSA applications. Cooperating with a heavyweight such as CNPE will open up new opportunities for Scandpower for expanding its presence in China and attracting new software users and consulting clients.

The cooperation will begin in the next few weeks with the first order for RiskSpectrum RiskWatcher. Discussions regarding a second order for another nuclear power plant are already well underway. This agreement is an important acknowledgement of Scandpower's position in China, and provides an excellent foundation for future growth in software and consulting services.

The agreement was signed by Mr. Ji Xing, Vice President of CNPE, and Mr. Jerzy Grynblat, Nuclear Business Director of Scandpower and Lloyd's Register, at a ceremony at CNPE's headquarters in Beijing.

At the signing Mr. Ji Xing said, "CNPE's participation in this important cooperation will be led by Mr. Bo Zhao, Deputy Director of the Overall Design Department. CNPE has very ambitious plans for developing nuclear power in China, and safety has always been the focus of all our activities. Scandpower is an internationally recognised leader in the area of nuclear safety, and as such is an ideal partner for our company.
Cooperation between Scandpower and CNPE dates back almost 10 years. Today we are formally committing to developing this cooperation even further. I consider this an important step in accelerating our efforts and ensuring that we will successfully fulfil our ambitious goals."

In response Mr. Jerzy Grynblat said, "Cooperation with CNPE is a major and important step in developing our activities in China. CNPE is an ideal partner since its striving for excellence and safety in the nuclear field fits very well with Scandpower's ambitions. Together, CNPE and Scandpower will contribute significantly to the peaceful development of the nuclear industry in China."